"The Treasury Department posted the license on its website late Friday, allowing countries to purchase Russian oil loaded on vessels from Friday through May 16."
"The license is part of the Trump administration's effort to control global energy prices, which shot higher during the US-Israeli war with Iran and recently slightly dropped on news of a temporary ceasefire for peace negotiations."
"US lawmakers from both political parties slammed the administration, saying the sanctions waivers would help the economies of Iran and Russia while they are at war with the US and Ukraine, respectively."
The United States has renewed a waiver permitting countries to buy sanctioned Russian oil and petroleum products at sea for one month. This waiver, posted by the Treasury Department, allows purchases from Friday until May 16. It is part of efforts to manage global energy prices, which have fluctuated due to geopolitical tensions. The waiver excludes transactions with Iran, Cuba, and North Korea. US lawmakers criticized the administration for potentially benefiting the economies of Russia and Iran during ongoing conflicts.
Read at www.dw.com
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